ASML Holding (NASDAQ:ASML) Shares Sold by NorthRock Partners LLC

NorthRock Partners LLC lessened its holdings in shares of ASML Holding (NASDAQ:ASML) by 9.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 550 shares of the semiconductor company’s stock after selling 55 shares during the period. NorthRock Partners LLC’s holdings in ASML were worth $458,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ASML. Pittenger & Anderson Inc. grew its position in ASML by 2.0% during the third quarter. Pittenger & Anderson Inc. now owns 16,604 shares of the semiconductor company’s stock worth $13,835,000 after buying an additional 322 shares during the period. FSM Wealth Advisors LLC grew its holdings in shares of ASML by 31.0% in the 3rd quarter. FSM Wealth Advisors LLC now owns 524 shares of the semiconductor company’s stock worth $437,000 after acquiring an additional 124 shares during the period. Alterna Wealth Management Inc. grew its holdings in shares of ASML by 8.5% in the 3rd quarter. Alterna Wealth Management Inc. now owns 254 shares of the semiconductor company’s stock worth $212,000 after acquiring an additional 20 shares during the period. Rational Advisors LLC increased its stake in ASML by 4.9% in the 3rd quarter. Rational Advisors LLC now owns 382 shares of the semiconductor company’s stock valued at $318,000 after purchasing an additional 18 shares in the last quarter. Finally, Quintet Private Bank Europe S.A. raised its holdings in ASML by 16.2% during the third quarter. Quintet Private Bank Europe S.A. now owns 194 shares of the semiconductor company’s stock worth $162,000 after purchasing an additional 27 shares during the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ASML shares. Barclays upgraded ASML from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, July 30th. Sanford C. Bernstein dropped their target price on shares of ASML from $1,052.00 to $815.00 and set an “outperform” rating for the company in a report on Monday, October 21st. UBS Group downgraded shares of ASML from a “buy” rating to a “neutral” rating in a report on Wednesday, September 4th. Wells Fargo & Company dropped their price objective on shares of ASML from $1,000.00 to $790.00 and set an “overweight” rating for the company in a research note on Thursday, October 17th. Finally, Morgan Stanley lowered ASML from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, ASML has a consensus rating of “Moderate Buy” and a consensus target price of $970.60.

ASML Price Performance

ASML stock opened at $676.46 on Wednesday. The stock has a market capitalization of $266.13 billion, a price-to-earnings ratio of 35.42, a price-to-earnings-growth ratio of 1.95 and a beta of 1.51. The company has a quick ratio of 0.84, a current ratio of 1.55 and a debt-to-equity ratio of 0.29. ASML Holding has a 52-week low of $631.17 and a 52-week high of $1,110.09. The stock’s fifty day simple moving average is $785.01 and its 200-day simple moving average is $894.17.

ASML Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 7th. Shareholders of record on Tuesday, October 29th will be paid a $1.407 dividend. This represents a $5.63 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Tuesday, October 29th. ASML’s payout ratio is 29.21%.

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.